Sierra Metals (TSE:SMT) Stock Passes Below 200-Day Moving Average – Should You Sell?

Sierra Metals Inc. (TSE:SMT)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.79 and traded as low as C$0.75. Sierra Metals shares last traded at C$0.77, with a volume of 37,055 shares changing hands.

Sierra Metals Trading Down 1.3 %

The company has a debt-to-equity ratio of 108.12, a quick ratio of 0.35 and a current ratio of 0.86. The company has a 50 day simple moving average of C$0.86 and a two-hundred day simple moving average of C$0.79. The company has a market cap of C$114.76 million, a PE ratio of -20.29 and a beta of 2.12.

Insider Buying and Selling at Sierra Metals

In other Sierra Metals news, Director J. Alberto Arias sold 47,315 shares of Sierra Metals stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of C$1.20, for a total transaction of C$56,943.60. Insiders have sold a total of 858,767 shares of company stock valued at $749,873 in the last 90 days. 2.86% of the stock is currently owned by corporate insiders.

Sierra Metals Company Profile

Sierra Metals Inc, together with its subsidiaries, focuses on the production, exploration, and development of precious and base metals in Peru and Mexico. It primarily focuses on exploration of silver, copper, lead, zinc, and gold deposits. The company's flagship property is the 82% owned polymetallic Yauricocha Mine covering an area of 18,778 hectares located in the Yauyos province in Peru.